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Publications.

  1. Tournament-Style Political Competition and Local Protectionism: Theory and Evidence from China, with Hanming Fang and Ming Li,
    Journal of Public Economics, 2025, conditionally accepted.
     

  2. We’ve Got You Covered! The Effect of Public Health Insurance on Rural Entrepreneurship in China, with Zhenggang Wang and Ye Yuan, 
    Journal of Public Economics, 2024, 235, 105150. (Online Appendix)
     

  3. Player-vs.-Player Game Design and Pricing: A Tournament Design Perspective, with Haowen Deng, Yifan Dou, and Cheng Zhang,
    Information Systems Research, forthcoming.
    - Winner of the Best Paper Award of the 10th Annual Meeting of China Association for Information Systems (CNAIS 2022)
     

  4. Adverse Impact of Capital Regulatory Reform and Policy Remedy: Theory and Evidence, with Ruo Jia and Yulong Zhao, 
    European Journal of Finance, 2025, 31(3), 348-381.
     

  5. Positive and Negative Sorting in Team Contests, with Qiang Fu, Hanyao Zhang, and Yangfan Zhou,
    Journal of Industrial Economics, 2024    , 72(3), 1021-1051.
     

  6. Confidence Management in Contests, with Shanglyu Deng, Hanming Fang, and Qiang Fu,
    Journal of Economics & Management Strategy, 2024    , 33(4), 1007-1028.
     

  7. Contests with Sequential Entry and Incomplete Information, with Shanglyu Deng, Qiang Fu, and Yuxuan Zhu,
    Theoretical Economics, 2024, 19(2), 705-742.
     

  8. Air Pollution Kills Competition: Evidence from ESports, with Jiawei Mo and Ye Yuan,
    Journal of Environmental Economics and Management, 2023, 122, 102886. (Supplementary Appendix)
     

  9. Bid Caps in Noisy Contests, with Qiang Fu and Yuxuan Zhu,
    American Economic Journal: Microeconomics, 2023, 15(3), 426-473. (Online Appendix)
     

  10. Optimally Biased Contests with Draws, with Bo Li and Zeyu Xing,
    Economics Letters, 2023, 226, 111076.
     

  11. On Equilibrium Uniqueness in Generalized Multi-Prize Nested Lottery Contests, with Qiang Fu and Yuxuan Zhu,
    Games and Economic Behavior, 2023, 139, 180-199.
     

  12. Expectations-Based Loss Aversion in Contests, with Qiang Fu, Youji Lyu, and Yuanjie Zhang,
    Games and Economic Behavior, 2022, 133, 1-27. (Supplementary Appendix)
     

  13. Disclosure and Favoritism in Sequential Elimination Contests, with Qiang Fu,
    American Economic Journal: Microeconomics, 2022, 14(4), 78-121. (Online Appendix)
     

  14. On Equilibrium Existence in Generalized Multi-Prize Nested Lottery Contests, with Qiang Fu and Yuxuan Zhu,
    Journal of Economic Theory, 2022, 200, 105377.
     

  15. Multi-Prize Contests with Risk-Averse Players, with Qiang Fu and Xiruo Wang,
    Games and Economic Behavior, 2021, 129, 513-535. (Supplementary Appendix)
     

  16. Optimally Biased Tullock Contests, with Shanglyu Deng and Qiang Fu,
    Journal of Mathematical Economics, 2021, 92, 10-21.
     

  17. Life Insurance and Life Settlement Markets with Overconfident Policyholders, with Hanming Fang,
    Journal of Economic Theory, 2020, 189, 105093.
    - Winner of the 2020 Outstanding Research Award of China Information Economics Society
     

  18. On the Optimal Design of Biased Contests, with Qiang Fu, 
    Theoretical Economics, 2020, 15(4), 1435-1470. (Supplementary Appendix)
     

  19. Centralized versus Decentralized Contests with Risk-Averse Players, with Xiruo Wang and Yuxuan Zhu,
    Economics Letters, 2020, 186, 108816.
     

  20. Contests: Theory and Topics, with Qiang Fu, a survey on theoretical studies of contests as an invited contribution to
    Oxford Research Encyclopedia of Economics and Finance, Oxford University Press, 2019.
     

  21. Insurer Commitment and Dynamic Pricing Pattern, with Ruo Jia,
    Geneva Risk and Insurance Review, 2019, 44(1), 87-135.
     

  22. Managerial Turnover and Entrenchment, with Xi Weng,
    Journal of Economics & Management Strategy, 2018, 27(4), 742-771. (Online Appendix)
     

  23. Multidimensional Private Information, Market Structure and Insurance Markets, with Hanming Fang,
    RAND Journal of Economics, 2018, 49(3), 751-787. (Online Appendix)
     

  24. Incentives in Lottery Contests with Draws, with Shanglyu Deng and Xiruo Wang,
    Economics Letters, 2018, 163, 1-5.
     

  25. Information Sharing in Private Value Lottery Contest, with Jie Zheng,
    Economics Letters, 2017, 157, 36-40.

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